Of course, only a handful of collectors will pay to taste an astronomically expensive whisky, such as a 72-year-old Macallan single malt bottled in a Lalique decanter. “Then maybe you buy two bottles, one to drink and one to put away.” Waiting for a favourite bottle to become available at your local retailer is usually the most cost-effective way to collect it, she says. “If you’re doing this to invest, then you want to look at the background of the distillery, what kind of appellations they have, is it a small batch, is it something they’ll continue making?” she says. She says it’s a fantastic small-batch release that retails for $73.80 at the LCBO and will likely sell out quickly. Price points to Ballantine’s 15-year-old Glenburgie single malt as one example. Real value can be found at less than $100 a bottle. The original purchase price was $256, and she estimates it would be worth about $3,000 today if unopened.īut collectors don’t always need to spend extraordinary sums to build a collection of outstanding whiskies. Price also offers a 22-year-old Rosebank 1981 Cask Strength. Under Ontario’s strict liquor laws, pubs such as The Dam Pub can sell full bottles, but they cannot leave the premises, must remain behind the bar and can only be served by staff. They also enjoy highly sought-after whiskies by lesser-known distilleries such as Littlemill, Dalmore, Port Ellen, Inverleven and Van Winkle, a top pick for discerning bourbon lovers (bourbon is a type of whisky made in the United States). Stephanie Price, owner of the Dam Pub in Thornbury, Ont., is well versed on each of the 970-some whiskies that line the walls of her establishment, a collection that has drawn fans from as far away as Brazil and Sri Lanka.Īmong her patrons’ preferred brands are Macallan, Bowmore, Glenlivet and Glenfiddich. The Macallan Valerio Adami was distilled in 1926 and bottled in 1986, therefore making it 60 years old.) (Whiskies cease aging and don’t experience any changes in flavour once they are bottled. After all, producing a 24-year-old whisky requires, well, 24 years of aging in a cask hand-picked by the distiller. Wealthy Canadians with a taste for Scottish single malts and small-batch American bourbons are making room next to their wine collections for rare whiskies from around the world, and that demand is pushing up prices.Īlso fuelling sales is branding on the part of growth-minded distilleries – in particular, historic Scottish labels such as Glenlivet, Balvenie and Glenfiddich – and a growing appreciation for the craft. We look forward to opening next year.Scarcity and global passion for the product are driving demand. “At the distillery, we’re celebrating all things Kentucky, from our ingredients and equipment to our 100% Kentucky ownership. “As someone who’s family goes back eight generations in both Kentucky and distilling, I’m proud to be a partner and to help build the new Western Kentucky Distilling Co. He will work alongside Kentucky native and distillery president JD Edwards.Ĭall said: “From the best ingredients to an ideal climate for ageing, Kentucky is known worldwide as the best place for making whiskey. Kentuckian Jacob Call will lead the distillery as eighth-generation distiller, chief operating officer and master distiller. It will benefit from an initial US$22m investment, with a second phase due to bring an additional US$8m. The distillery is scheduled to open in mid-2023. A render of the planned Western Kentucky Distilling facility The Western Kentucky Distilling Co is building a US$30 million ‘state-of-the-art’ distillery in Kentucky – the first official distillery in Ohio County.
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